Riyadh – Mubasher: Standard & Poor's (S&P) has affirmed Saudi Arabia’s long- and short-term sovereign ratings at ‘A-/A-2’, with a stable outlook. S&P highlighted the impact of the coronavirus pandemic and the lower oil prices on the kingdom’s …
UAE - Mubasher: Capital Intelligence (CI), the international credit rating agency, has affirmed the ratings of five Emirati banks, with a stable outlook. The banks comprise Abu Dhabi Commercial Bank (ADCB), the Commercial Bank …
Riyadh – Mubasher: Fitch Ratings has affirmed the Saudi Arabian Oil Company's (Saudi Aramco) long-term issuer default rating (IDR) at 'A', with a “Stable” outlook. The world's largest oil producer’s standalone credit profile (SCP) was assessed at …
Abu Dhabi - Mubasher: Moody's Investors Service (Moody's) has assigned the provisional 'Baa3' rating to the upcoming issuance of perpetual non-cumulative Additional Tier 1 (AT1) capital securities of First Abu Dhabi Bank (FAB). The payment …
Mubasher: Fitch Ratings has affirmed Kuwait International Bank’s (KIB) long-term issuer default rating (IDR) at 'A+' and viability rating (VR) at “bb-”, with a stable outlook. KIB is exposed to slower domestic economic growth due to the …
Riyadh – Mubasher: Moody's Investors Service has assigned an A2 rating to the proposed senior unsecured green Sukuk certificates to be issued by Saudi Electricity Global SUKUK Company 5, a special purpose vehicle (SPV) established in the Cayman …
Mubasher: Fitch Ratings has affirmed National Bank of Kuwait's (NBK) long-term Issuer Default Rating (IDR) at 'AA-' with a Stable Outlook, and the viability rating (VR) at 'a-'. Being Kuwait's flagship bank with a diversified business model, …
